Here's the latest action:

Roku preps for summer Netflix upgrade -- In June, the video streaming device maker will allow its customers to find video titles via a new onscreen search tool. This will make it the first such offering to provide this kind of search capability, Cnet says.

Chrome is a speed demon -- Here is the video showing exactly how fast Google's new Chrome browser release is. According to the company, the new version is capable of loading 2,700 frames per second. Check out the video below:

Google ups its market share yet again -- According to Hitwise, about 71 percent of searches were conducted on Google, while Yahoo got about 15 percent and Bing 9.43 percent. Search queries also got longer, according to the study.

Sequoia invests in Swedish Klarna -- The Silicon Valley venture firm has sunk an undiscolsed amount into e-commerce solutions provider Klarna. The deal makes the firm the largest single shareholder in the company.

iPhone OS4's new video capabilities -- The SDK for the operating system indicates that the phone will be able to take higher resolution videos reaching 720p. MacRumors has more.

Verizon customers want the iPhone -- More than half of surveyed Verizon users say they would prefer to switch to the Apple handset, according to ComputerWold. The same cannot be said of Sprint or T-Mobile subscribers.

Clearwire  breaking up with WiMax

Clearwire breaking up with WiMaxchanged terms of an agreement it has with Intel, locking it into WiMAX, in order to switch its service to LTE.

Sprint takes a closer look at the prepaid market -- The carrier is rolling out a far more comprehensive prepaid mobile portfolio, serving it through four subsidiary brands, including Virgin Mobile. Boy Genius Report has the story.

Google's Energy projects -- Earth2Tech ran a great interactive timeline today showing which renewable energy companies the search giant has invested in over the last three years.

Grid Net on the rise -- The WiMAX Smart Grid company is building a series of alliances with equipment manufacturers and wireless service providers, preparing to steam roll out its WiMax protocol for grid communications. Greentech Media has more.